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Investor Presentaiton

Capital Position Evolution for CET1 ratio during 2Q20151 13,9% +0,7% 14,9% +0,9% CET1 ratio 31.03.15 (transitional) Profit before provisions -0,5% -0,1% Provisions Loss from discontinued operations RWAs Change CET1 ratio 30.06.15 (transitional) DTA Capital Adequacy Ratios 14,4% 31.03.14 ■31.03.15 -0,5% CET1 ratio 30.06.15 (fully loaded) 11,3% 10,6% ■ 30.06.14 30.06.15 I Adjusting for the disposal of the majority of the 'Russian operations I I 15,4% 115,2% 14,9% 14,0% 13,9% 11,5% 10,8% ■30.09.14 prof 30.06.15 ■31.12.14 I 15,6% I | 1,5,3% 15,0% I I 14,2%14,1% 1 'Clean' Fully Loaded CET1 ratio² (March - 2015³) 24% 86% 19% BOC 13,4% 14% 9% 4% .median CET1 ratio 100% 80% 60% 40% 20% 0% CET 1 ratio (transitional) Total capital ratio (transitional) CET1 ratio (transitional) at 14,9% at 30 June 20151 (compared to 13,9% at 31 March 2015), mainly due to the reduction in RWAs and organic capital generation. The reduction in RWAs was driven by the NPEs reduction and balance sheet deleveraging and the reassessment of credit risk exposures and collaterals to optimise credit risk management and management of RWAs. Taking into account the agreement for the sale of the majority of the Russian operations, the pro-forma CET1 ratio (transitional) rises to 15,2% CET1 ratio (fully loaded) at 14,4% at 30 June 2015 Significant RWAs intensity at 86% compared to the average for European banks as at 31 March 2015-(median of 38 banks covered by Citigroup is 42%). Clean Fully Loaded CET1 ratio (Mar-2015*) RWAs intesity (RWAS % Total assets) median RWAs intensity Comprises 38 EU banks covered by Citigroup Research 1 Includes independently verified profits for 1H2015 2 As per Citigroup Research, Clean Fully Loaded CET1 ratio excludes Deferred Tax Credits, AFS and Danish Compromise Estimated Impact. 3 Includes data for 9 EU banks as at 31 December 2014 and 29 EU banks as at 31 March 2015 Bank of Cyprus KOINO WKYNPIW 19
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